Nicholas Cumins - 19 Jan 2022 Form 4 Insider Report for BENTLEY SYSTEMS INC (BSY)

Signature
/s/ Michael T. Fischette, Attorney-in-Fact
Issuer symbol
BSY
Transactions as of
19 Jan 2022
Net transactions value
+$250,387
Form type
4
Filing time
21 Jan 2022, 15:56:03 UTC
Previous filing
20 Dec 2021
Next filing
17 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSY Class B Common Stock Award $476,785 +12,263 +19% $38.88 77,162 19 Jan 2022 Direct F1
transaction BSY Class B Common Stock Tax liability $226,398 -5,823 -7.5% $38.88 71,339 19 Jan 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired upon the vesting of performance-based restricted stock units previously granted to the Reporting Person.
F2 Represents shares withheld by the Issuer to cover taxes upon the vesting of performance-based restricted stock units previously granted to the Reporting Person.